The Coalition of Independent Music Stores, a group of 44 prominent independent record stores in 25 states, operates as a way for these stores to strengthen themselves with tactics such as cooperative advertising. This form of ownership is known asA. an administered system.B. a vertically integrated chain.C. a corporate system.D. a cooperative system.E. a contractual system.
A contractual system is basically are where firms at all kind of levels working together in production and distribution to achieve even greater than they would on their own.
